Following a meeting between members of the Senate Finance Committee and President Donald Trump, Sen. Orrin G. Hatch told reporters he had no concerns about the differences between the House and Senate’s versions of the GOP’s tax overhaul. Watch his remarks after the meeting at the White House.
Senate Republicans are aiming to move their tax reform legislation this week as they race to get a bill on President Trump’s desk by the end of the year.
Senate Majority Leader Mitch McConnell (R-Ky.) doesn’t appear to have locked down 50 votes for his party’s tax overhaul, with at least half a dozen GOP senators showing varying levels of concern about the legislation released earlier this month.
“There are some features of the Senate bill that are stronger than the House and vice versa,” Brandon Arnold, the executive vice president at the conservative National Taxpayers Union, told InsideSources.
Americans should strongly support the tax reform bill passed by the House of Representatives (and now headed to the Senate).
Senate Finance Committee Chairman Orrin Hatch (R-Utah) released modifications to the Senate tax bill late Tuesday, including the effective elimination of ObamaCare’s individual mandate and the expiration of tax changes for individuals after 2025.
House Republicans will vote on their tax reform bill on Thursday, aiming to take the most concrete step yet toward overhauling the American tax system.
Senate Republicans on Thursday unveiled the substance of their tax reform bill, one week after their House colleagues released their own legislation.
U.S. Senate Republicans unveiled a tax plan on Thursday that differed from the House of Representatives’ version on several key fronts, including how they treat the corporate tax rate, the tax deduction for state and local taxes, and the estate tax.
The release of the Tax Cuts and Jobs Act of 2017 this week constitutes a monumental step forward on the path to comprehensive tax reform. House Republicans have put forward a serious and thoughtful plan to fix many of the dangerous features of our broken tax code.